Property profile

1230 Us Highway 6 Corunna, IN 46730

OFF-MARKET
Commercial real estate
0.49 ac lot Built 1931
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Property summary

AI-generated overview

This exceptional commercial property at 1230 US Hwy 6 in Corunna, Indiana, presents a unique investment opportunity. Spanning 0.49 acres, the property boasts a substantial warehouse featuring an overhead door and two additional exterior doors, providing ample space for storage and distribution. The warehouse is conveniently connected to a well-appointed office area via a covered walkway. Seven offices are included, two of which are currently leased, generating immediate rental income. A large meeting space is integrated into the receiving area, and a spacious communal area enhances collaboration and workflow. The property also includes a separate barn, offering additional storage capacity. The strategic location on US Highway 6 ensures high visibility, further enhanced by an included lighted sign. City water and sewer connections provide essential utilities. This versatile property is ideal for businesses requiring both office and warehouse space, offering a blend of functionality and convenience. Don't miss this chance to acquire a well-positioned commercial asset with significant potential. The asking price is $189,900.

Property profile

Verified
Property type Commercial real estate
Year built 1931
Lot 0.49 ac (21,344 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1230 Us Highway 6 Corunna, IN 46730
Corunna metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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